ackie, a non-business taxpayer, paid for the following relevant figures (in pesos) anent his importation. Cost of Goods - 1,350,000 Arrastre Charge - 30,000 Facilitation Fee - 25,000 Freight Charge - 45,000 Wharfage Fee - 5,000 Insurance - 10,000 Customs Duties - 5% How much is the dutiable value?

ackie, a non-business taxpayer, paid for the following relevant figures (in pesos) anent his importation. Cost of Goods - 1,350,000 Arrastre Charge - 30,000 Facilitation Fee - 25,000 Freight Charge - 45,000 Wharfage Fee - 5,000 Insurance - 10,000 Customs Duties - 5% How much is the dutiable value?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Jackie, a non-business taxpayer, paid for the following relevant figures (in pesos) anent his importation.

Cost of Goods - 1,350,000
Arrastre Charge - 30,000
Facilitation Fee - 25,000
Freight Charge - 45,000
Wharfage Fee - 5,000
Insurance - 10,000
Customs Duties - 5%

How much is the dutiable value?

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